For retail business & M-Pesa agency

Edwin

Ruaka, Kenya

100% repaid

Entrepreneur

Name

Edwin

Member since

September 2018

On-time repayments

98 installments  •  76%

About Me

I am Edwin Chui. I was born and raised in Central Kenya, schooled in Nairobi and USA.

I believe that the quickest way to develop Africa is to support the scaling of small businesses in Africa.

My Business

LeoMart is a retail business that is working to grow from the ground up. I envision that it will be a fully fledged supermarket outlet in 2.5 years.

Loan Proposal

I intend to use the proceeds to further grow my Mpesa agency business to support the high demand for Mpesa services that is due to an effort to do more cash less transactions.

Income Source

As a lot of people are going cash less to minimize the risk of infection, mobile money agents are doing better in the current climate than they were pre-covid.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$144.00

Date disbursed

Sep 30, 2020

Repayment status

On Time

Projected term

6 weeks

Lenders

Paul Buchheit

Mountain View, United States

A

Anonymous

United States

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Summary

Amount repaid

$144.31

Amount remaining

$0.00

Date repaid

Nov 13, 2020

Status

Fully repaid

Repayment History

Expected Payments Actual Payments
Oct 9, 2020 $24.06 Oct 18, 2020 $5.71
Oct 21, 2020 $18.35
Oct 16, 2020 $24.06 Oct 21, 2020 $5.71
Oct 26, 2020 $18.35
Oct 23, 2020 $24.06 Oct 26, 2020 $24.06
Oct 30, 2020 $24.06 Nov 1, 2020 $24.06
Nov 6, 2020 $24.06 Nov 8, 2020 $24.06
Nov 13, 2020 $24.04 Nov 13, 2020 $8.26
Nov 13, 2020 $15.78

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